Toronto, April 18 (IANS) Two Indo-Canadian men are among five South Asians arrested for the largest gold heist at Toronto airport.
On April 17, 2023, in the largest gold heist at Canada’s biggest airport, 6,600 gold bars valued at over (Canadian) $20 million and foreign currency amounting to about (Canadian) $2.5 million were stolen from an Air Canada storage depot at Pearson International Airport here.
Making this announcement on Tuesday at Toronto airport, police said Brampton’s Parmpal Sidhu, 54, who is an Air Canada employee, is among those arrested.
Another Indo-Canadian arrested is Amit Jalota, 40, from Oakville near Toronto.
The other three men arrested in this case were Ammad Chaudhary, 43, of Georgetown near Brampton, Ali Raza, 37, of Toronto, and Prasath Paramalingam, 35, from Brampton.
The arrests were announced after a long-year investigation under Project 24K.
Besides, the police have issued Canada-wide warrants for Simran Preet Panesar, 31, from Brampton, who was an Air Canada employee at the time of the theft; Archit Grover, 36, from Brampton and Arsalan Chaudhary, a 42-year-old man from Mississauga.
The 6,600 gold bars weighing more than 400 kg and the currency were flown from Zurich to Toronto on April 17, 2023, by two Swiss banks Raiffeisen and Valcambi for transactions.
The Swiss banks had hired Miami-based security company Brink’s for the security and supervision of the transfer of the shipments to Toronto.
Brought to Toronto from Zurich in two cargo shipments – with the words BANKNOTES and GOLDBARS written on them, these were deposited at the Air Canada storage depot at Toronto airport.
Just three hours later, an unidentified individual produced fake copies of the waybill — papers which document the shipments and what it contains — to the Air Canada security personnel to claim the two shipments.
“A short time later, a forklift arrived with a container of gold and foreign currency and loaded it into the rear of the suspect’s truck,” police said.
At about 9.30 p.m. the same day when Brink’s employees in Canada went to the Air Canada cargo depot to pick up the shipments, it was already gone.
Brink’s is suing Air Canada for handling the cargo “negligently and carelessly”.
Brink’s says, “Upon receipt of the fraudulent waybill, AC personnel released the shipments to the unidentified individual, following which the unidentified individual absconded with the cargo.”
–IANS
gurmukh/sha
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
